When was property at 5151 Corbel Lake Way built and last sold?

The property at 5151 Corbel Lake Way was built in 2001 and last sold on Apr 28, 2005 for $312,000.

How much is this home worth?

The estimated value of the home located at 5151 Corbel Lake Way is $392,858.

What are some comparable homes to 5151 Corbel Lake Way?

There are currently no comparable homes to 5151 Corbel Lake Way.

Palm Beach

Lester

5151 Corbel Lake Way

Sold on Jun 12, 2025

Map

$389,900

● House - Off Market

5151 Corbel Lake Way

Boynton Beach, FL 33437

3 Beds

2 Baths

1,547 Ft²

$2,780

Est. Monthly

$617

HOA / Fees

7.50%

Cap Rate

About This Property

Welcome to Cascade Lakes! This beautifully maintained 3-bedroom, 2-bathroom home with a 2-car garage is nestled in one of Boynton Beach's most sought-after gated 55+ communities. New roof in 2022! Step inside to find fresh interior paint, soaring ceilings, and a desirable split floorplan. The renovated kitchen boasts modern finishes, perfect for cooking and entertaining.

The spacious primary suite offers a large walk-in closet, dual vanity, a soaking tub, and a separate stall shower. Two additional bedrooms share a full bath, offering plenty of space for guests or a home office. Enjoy your morning coffee or dine al fresco on the HUGE screened-in patio. Cascade Lakes offers resort-style amenities including indoor and outdoor pools, tennis, pickleball, bocce ball, a fitness center, sauna, and a stunning clubhouse with billiards, card rooms, and more. Newer roof provides peace of mindmove right in and start enjoying the Florida lifestyle!

Unit Size

1,547 Ft²

Days on Market

68 days

Land Size

0.13 acres

Price per sqft

$252

Property Type

House

Property Taxes

$247

HOA Dues

$617

Year Built

2001

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Beaches MLS #R11078644)

Price History

Date / Event	Date	Event
Jun 12, 2025	Sold	Premium
Sold
May 15, 2025	In contract	-
In contract
Apr 29, 2025	Price Decreased	$389,900 ↓ $3K (0.8%)
Price Decreased
Apr 4, 2025	Listed by Rook Realty LLC	$393,000
Listed by Rook Realty LLC
May 20, 2005	Sold	Premium
Sold
Oct 16, 2001	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2001

Effective Year Built: 2006
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 16
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 392
Parking Space Count: 1
Patio Type: 14
Porch Type: 7
Pool Type: 0
Location Influence Type: 224

Dimensions

Lot Size Square Feet: 5,489

Total Building Area: 2,123
Gross Building Area: 2,123
Building Area: 1,547
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,547
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LESTER PUD PL 5
Land Acres: 0000000126
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: LESTER PUD PL 5 LT 101

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 005926

Zoning

Zoning: PUD

Geography

Assessors Map Reference: 317

Parcel: 00-42-45-35-24-000-1010
Lot: 101
Meridian: SEC 35 TWN 45S RNG 42E
Municipality: UNINCORPORATED
Latitude: 26.5007
Longitude: -80.1263

Address

Full Address: 5151 Corbel Lake Way

Address - House Number: 5151
Address - Street Name: Corbel Lake
Address - Suffix Type: Way
State: FL
City Name: Boynton Beach
Carrier Code: R040
4-Digit Zip Code: 1696
Zip Code: 33437

Valuation

Tax

Total Area: 1,774

Tax Year: 2023
Tax Amount: $288,369
Tax Rate Code Area: 355

Appraisal Valuation

Standard Deviation: 0.1901

Valuation Date: Apr 03, 2024
Confidence Score: 74
Final Value: 472,104
High Value: 561,852
Low Value: 382,356

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $359,390

Market Land Value: $98,092
Market Improvement Value: $261,298

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $189,332

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Apr 28, 2005

Current Sale Recording Date: May 20, 2005
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20050312206
Previous Sale Recording Date: Oct 16, 2001
Previous Sale Contract Date: May 15, 2001
Previous Sale Amount: $164,580
Previous Sale Document Type: 68

Last Sale Mortgage

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lester

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

Average Home Size

2147 ft²

Average Home Age

25.7 years

Currently For Sale

6 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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3 Baths
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Unit for rent at 5160 Petal Place, Delray Beach, FL, 33484

$3,250 /mo

2 Beds
2 Baths
1,400 ft²

5160 Petal Place #D, Delray Beach, FL, 33484 Listing by Jack Paul Daniel Hasson

Unit for rent at 13721 Flora Place, Delray Beach, FL, 33484

$1,900 /mo

2 Beds
2 Baths
1,097 ft²

13721 Flora Place #D, Delray Beach, FL, 33484 Listing by Sivan L Gerges

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Listed by: Stacey Rook
Rook Realty LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R11078644

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.